Singapore investment company to develop Bintan Island into aviation hub

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Singapore investment company Gallant Venture is tying up with flag carrier PT Garuda Indonesia to develop Bintan Island.

The plan is to turn Bintan Island into a tourism and aviation hub.

Both companies signed a memorandum of understanding at the Singapore Airshow 2014 on Tuesday.

As part of the partnership, Garuda Indonesia and Gallant Venture will jointly develop Bintan Island as the airline’s new hub.

This includes a dedicated airport for Garuda and its subsidiaries, as well as a new centre for aircraft maintenance.

Garuda Indonesia will then promote Bintan as an international tourism destination, and help develop its connectivity both outbound and inbound.

The first phase will include the development of one runway and one terminal.

In a joint statement, both companies said Bintan Airport has enough land to develop into a multi-terminal airport with two runways.

The airport terminal will also be connected to a ferry terminal which will service Singapore and Batam.

Gallant Venture — through its subsidiary company — currently already operates ferry services between Bintan and Singapore’s Tanah Merah Ferry Terminal.

Gallant Venture’s CEO Mr Eugene Park said in the joint statement: “Garuda Indonesia’s operations and the aerospace industrial park in Bintan will boost the economy here and create substantial job opportunities as well as upgrading skill sets and standard of living for the people in the Riau Islands.

 

 

 

Source : Channel News Asia | February 11, 2014

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About thomasdinnocenzi

Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
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